I do think we will now see new investors coming in because Sirius is executing on the bottom line even in the absolute worst scenerios possible.Quote:
Originally Posted by trippingthespeculatingpos
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I do think we will now see new investors coming in because Sirius is executing on the bottom line even in the absolute worst scenerios possible.Quote:
Originally Posted by trippingthespeculatingpos
Good Morning all,
I missed the latter part of the CC.
Bottom line, Overall picture good, bad or indifferent?
Julie
hey tabor, sometimes it takes awhile for every1 to get the news and come to the proper conclusion, so u see wild swings that can create a buying op like we went to .43 today. if it was all good news no sub loss etc then we probably wouldn't of got that drop, leading up to cc and during cc can be nuts with no sense to the movements. by the next day u should be able to tell the trend of the stock up or down, but at first its just a frkin madhouse.
morning Julie wondering where u were at :o i think its good, bottom line is the bottom line, money talks even when subs walk, remember that baby, o shit im a pimp today look out.
that makes perfect sense...thanks Trip.
:pimp: bowm chicka wow wowQuote:
Originally Posted by trippingthespeculatingpos
Chrysler will be attempting to clean out there inventory in the next few months, so even though those cars were already counted as subs, the sale will give all the cash to Sirius bottom line in the 2nd quarter.
We will have to deal with GM shutting down X # plants for 8 - 9 weeks during the summer and their crappy scenerio, but this is built into stock price already, but on the bright side, they have a NEW profit friendly deal with them. How did Mel pull that off when you would have thought they needed the extra profit in these times - great job Mel.
The retail advertising, entry into the Iphone, youtube, Twitter in this quarter will continue to send Sirius on the right path to pofitability.
Finally, something is brewing with Direct TV and a bigger buyout from the outside could be also on the table.
This is a investment in very, very valuable assets that will be worth alot more than 2 billion in a few years, maybe 10 - 15 billion or 2 - 2.50/share.
We were concerned about missing the EBITDA number, now we adjusted it higher, that is great news.Quote:
Originally Posted by TSavery
I will also say I am glad they are starting to see that the ramp up in penitration is what is costing them. That the lower end OEMs had to go even if it cost them the chance to get the service to the masses. The fact is most of the masses are not going to pay for radio right now and as I have said will create a higher churn and cost them to much in the short term for the return they will get. I have said many times I never liked the fact they ramped up penitration so fast so soon and that it will cost them to much.
"On a GAAP basis, first quarter 2009 revenue was $586.9 million, the first quarter 2009 net loss was ($50.4) million, or ($0.01) per share, and the first quarter 2009 net loss attributable to common stockholders was ($236.6) million, or ($0.07) per share. In the first quarter 2008, the GAAP net loss was ($104.1) million, or ($0.07) per share."
im getting confused here tyler is reporting the .07 loss when comparing to the .02 estimate, so was the estimate non gaap?